Not long before action24 Feb 2025 08:29
"CAKE currently has approximately 700,000 registered users, 100,000 funded users and 50,000 users holding approximately US$80 million of digital assets on the Bake platform as at 30 November 2024. The Acquisition positions GST to deliver a 24/7, transparent, and highly scalable ecosystem for digital assets, designed to be fully compliant with European regulations.
GST expects the integration of CAKE and the Bake Cryptocurrency platform into the digital asset arm of the Group, GS Fintech, to be completed on or before 31 March 2025"